Leonardo DRS
316 hedge funds and large institutions have $2.34B invested in Leonardo DRS in 2025 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 126 increasing their positions, 97 reducing their positions, and 55 closing their positions.
270% more call options, than puts
Call options by funds: $14.1M | Put options by funds: $3.8M
30% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 97
7% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 55
0.63% more ownership
Funds ownership: 25.14% → 25.77% (+0.63%)
1% less funds holding
Funds holding: 318 → 316 (-2)
23% less capital invested
Capital invested by funds: $3.04B → $2.34B (-$697M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$36.2M |
| 2 |
D.E. Shaw & Co
New York
|
+$34M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$30.8M |
| 4 |
Morgan Stanley
New York
|
+$23.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$62M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$59.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$46.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$31.8M |
DRS Hedge Fund Activity: Q4 2025 in Review
316 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q4 2025, worth a combined $2.34B — down 23% from $3.04B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new DRS positions and 55 closed out — a net gain of 4 holders — while 126 added to existing stakes and 97 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $36.2M. The largest seller was Macquarie Group, exiting entirely with an estimated $62M sold.
- 316 institutional investors held Leonardo DRS (DRS) as of Q4 2025, down from 318 in Q3 2025.
- Funds reported $2.34B of Leonardo DRS stock for Q4 2025, down 23% quarter-over-quarter.
- 59 funds opened new Leonardo DRS positions in Q4 2025 and 55 closed out, a net change of +4 holders.
- The largest Leonardo DRS buyer in Q4 2025 was AQR Capital Management, an estimated $36.2M added.
- The largest Leonardo DRS seller in Q4 2025 was Macquarie Group, an estimated $62M sold.
Based on aggregated 13F filings for Q4 2025.